Home What We are Talking About Here are some of the billionaires who got PPP loans while small businesses went bankrupt

Here are some of the billionaires who got PPP loans while small businesses went bankrupt

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Here are some of the billionaires who got PPP loans while small businesses went bankrupt

Billionaire property developer Joe Farrell, a prominent Republican fundraiser, received up to $1 million in taxpayer coronavirus relief funds, according to federal data released Monday.

Other players in the world of celebrity and influence who took advantage of loans under the Paycheck Protection Program, or PPP,to help struggling small businesses hurt by coronavirus shutdowns included Kanye West’s $3 billion clothing and sneaker company, multimillionaire pop artist Jeff Koons and the Church of Scientology, which is reported to be worth at least $1 billion.

Read the rest of the story at NBC News.